Ransomware payments are down 40.58%, according to a new report by blockchain forensics firm Chainalysis. In the report released Thursday, Chainalysis says ransomware attackers extorted at least $456.8...
Tag: payments
Ransomware Payments Decreased By 40% In 2022, Report
As with many other sectors, the crypto industry has attracted hackers and cybercriminals. Consequently, the growing ransomware attacks and money laundering activities turned financial watchdogs on the...
Crypto ransomware payments fall 40% in 2022
Funds collected by ransomware attacks fell to $456.8 million in 2022 from a high of $765.6 million in 2021, according to a new report from analytics firm Chainalysis. Crypto-related ransomware attacks...
United Arab Emirates will launch a stablecoin for payments – Cryptopolitan
According to a new PWC Crypto regulatory report that was released on Dec. 19 for 2023, the United Arab Emirates (UAE) has completed its crypto regulation. This regulation comprises AML/CTF Money laund...
CBDC Is the Future of Money and Payments: Bank of America
Bank of America wants the central banks in developed countries to concentrate on payment productivity. The profits and losses associated with CBDCs rely on the design and issuance. The statement of B...
Crypto Conglomerate DCG Halts Quarterly Dividend Payments
Cryptocurrency giant, Digital Currency Group (DCG) has halted its quarterly dividend payments in an effort to conserve cash and improve its balance sheet. DCG, parent company to the struggling cryptoc...
DCG suspends dividend payments to preserve liquidity
The cryptocurrency company Digital Currency Group has notified its shareholders that it will suspend dividend payments temporarily. In a letter addressed to its investors, DCG emphasizes the need to c...
Crypto giant Digital Currency Group halts dividend payments: Coindesk
Crypto giant Digital Currency Group (DCG) has suspended its quarterly dividends, according to a shareholder letter seen by Coindesk. “In response to the current market environment, DCG has...
Floki Inu New Merchandise Store to Accept Bitcoin, Shiba Inu Payments Via Binance Pay
– Advertisement – Floki has selected Binance Pay as its merchandise store’s main crypto payment solution. The team behind meme-based cryptocurrency Floki Inu has announced a partnership wi...
Soochow Securities and Bank of China Launches E-CNY Payments
e-CNY payments were used to purchase wealth management services. Suzhou is one of the first four pilot cities to launch digital renminbi – China’s legal currency. Soochow seeks to expand the level of ...
Jan. 17 is the deadline for 2022 fourth-quarter estimated tax payments
Constantine Johnny | Moment | Getty Images There’s still time to avoid a penalty if you didn’t pay enough taxes in 2022 — but the clock is ticking. If you are self-employed or receive inco...
Cardano Contributor Teases Major Developments for ADA Payments
Cardano crypto ecosystem contributor and developer Adam Dean has revealed the details of work on CIP-30. The Cardano improvement proposal is needed to bring web page interaction functionality to Carda...
Damar Hamlin’s Story Shines A Light On Pro Football’s ‘Cruel’ Record On Disability Payments
Buffalo Bills teammates of Damar Hamlin watch as he’s loaded into an ambulance in the January 2 game against the Bengals in Cincinnati. Kevin Sabitus/getty images The NFL — and its players union...
Crypto Payments Platform Wyre Removes 90% Withdrawal Limit
On January 8th, Wyre instituted a 90% withdrawal threshold. In April 2022, financial technology firm Bolt paid $1.5 billion to purchase the business. Wyre, a cryptocurrency payment platform, has secur...
Crypto payments platform Wyre lifts 90% withdrawal cap
Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on users earlier this week after securing additional funding. On Jan. 13, the San Francisco-based fintech firm announced tha...
Nigeria revisits its payments landscape amid sluggish eNaira adoption
Nigeria’s central bank will explore the potential of stablecoins, the adoption of blockchain technology to power a central bank digital currency (CBDC) and regulatory considerations related to initial...
Stripe and crypto payments on Twitter
A rumor was published yesterday that Twitter may be ready to launch a new feature, called Coins, in partnership with Stripe: could it mark the entry of crypto into the social network? Twitter is worki...
Wix Merchants Can Now Accept Shiba Inu Payments
– Advertisement – CoinGate partners with Wix to enable merchants to accept Shiba Inu payments Lithuania-based cryptocurrency payment processor CoinGate has entered into a new partnership ...
Read Here The Saying of UK MP on Payments Technology and CBDC
According to the UK Parliament, “MPs explore the Government’s plans to make the UK a global hub for crypto, while exploring the potential benefits and risks of crypto assets for businesses and consume...
The Central Bank of Nigeria Published “Payments System Vision 2025”
Nigeria Payments System Vision 2025, the latest report from the Central Bank of Nigeria marked the necessity to create a legal framework for stablecoins. The report states that, Digital currencies bui...
Twitter is working with Stripe Payments to provide a “Coins” feature
Join Our Telegram channel to stay up to date on breaking news coverage Twitter is still working on a new feature that will let users award each other with “Coins” that can be bought with fiat money. T...
Internet giant Wix adds CoinGate integration to its crypto payments service
Crypto payment processors that provide payment service integrations with leading technology firms continue to be integral in the cryptocurrency space to rise in tandem with the ever-increasing prevale...
How Do Crypto Payments Perform
In our digital world, we can clearly see that more and more blockchain-based projects are being launched, especially cryptocurrencies. Their popularity is steadily increasing, and many users are star...
Wyre Payments Becomes Latest To Limit Withdrawals Due To Crypto Winter
Amidst the crypto winter casualties continuing, the California-based crypto payment channel Wyre disclosed limits on withdrawals for all users. The payment company joins others that previously restric...
Polygon Teams Up With Payments Giant Mastercard To Launch Web3 Incubator for Artists
Layer-2 scaling solution Polygon (MATIC) is collaborating with credit card giant Mastercard to launch a Web3 project for musical artists. In a new company press release, Mastercard says that it will b...
Cardano Receives Major Boost, ADA to Be Adopted for Healthcare Payments
Hoskinson says his new clinic will accept ADA from customers, as a payment method for the medical services they receive. The rate of adoption of ADA – the native token of the Cardano ecosystem, may ha...
Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap
5 hours ago | 2 mins read Exchange News Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90%. MetaMask has asked its users to refrain from using Wyre on the mobile aggregato...
Crypto Payments Platform Wyre Imposes Withdrawal Limits
On Jan. 8, crypto payments firm Wyre announced that it was “modifying its withdrawal policy.” The move adds a limit to withdrawals of no more than 90% of the funds in customer accounts. In other words...
Crypto payments firm Wyre cuts withdrawal limits to 90% of funds
Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on Jan. 7. In a Twitter thread, Wyre announced that its customers can now only withdraw up to 9...
Charles Hoskinson’s New Hospital Will Accept Cardano (ADA) for Payments
Cardano founder Charles Hoskinson has announced the launch of his new hospital called “Hoskinson Health & Wellness Clinic,” which will allow customers to pay for medical services using ADA, the na...
Twitter employees laid off after Elon Musk’s takeover received severance payments today that fall short of expectations
Following further delays this week, some former Twitter employees finally received their official severance agreements on Saturday after months of anticipation, according to multiple sources familiar ...